The Nigerian National Petroleum Company Limited says crude oil and condensate sales increased significantly in April 2026, reaching 23.65 million barrels compared to 17.27 million barrels recorded in March.
According to the company’s monthly report, the increase represents a 36.9 per cent month-on-month growth and was supported by higher production levels and improved operational efficiency across oil facilities.
Crude oil and condensate production also rose from 1.56 million barrels per day in March to 1.68 million barrels per day in April. NNPC attributed the improvement largely to better facility uptime, although production was affected by the delayed restart of the Trans Ramos Pipeline and other infrastructure-related challenges.
Gas sales recorded a slight decline during the period, falling from 5.05 million standard cubic feet per day in March to 5.04 million standard cubic feet per day in April. Gas production also dipped marginally to 7,730 million standard cubic feet per day.
On the financial side, NNPC reported strong growth in earnings. Revenue rose by 79.23 per cent to ₦4.97 trillion in April, while profit after tax increased by 74.28 per cent to ₦481 billion.
The company further disclosed that its cumulative statutory payments between January and April 2026 stood at ₦3.71 trillion.
NNPC also announced the successful completion of the OB3 River Niger Crossing project, describing it as a major milestone in Nigeria’s gas infrastructure development and energy security plans.
In addition, work on the Ajaokuta-Kaduna-Kano Gas Pipeline continued during the month, with the project reaching 94 per cent completion. The company said efforts are ongoing to achieve early gas supply to Abuja in 2026.
The national oil company noted that all production, sales and financial figures remain provisional and may be adjusted after reconciliation with relevant stakeholders.
